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I am making annual deposits of $2,000 at end of each of the 19 years in an account providing 11% annual interest compounded annually. Identify

I am making annual deposits of $2,000 at end of each of the 19 years in an account providing 11% annual interest compounded annually. Identify the details below that I need in order to determine how much money I will have in 19 years.

What table must I use to find the relevant factor? Enter corresponding number of your choice from below:

  1. Future value of single-sum
  2. Present value of single-sum
  3. Future value of ordinary annuity
  4. Present value of ordinary annuity

What is the interest rate to find the relevant factor?

What are the number of periods (n) to find the relevant factor?

What is the factor?

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